8090820 11/9/2017 1:55 AM, GBP/USD Intraday: caution.


Pivot: 1.3140


Our preference:

short positions below 1.3140 with targets at 1.3080 & 1.3040 in extension.


Alternative scenario:

above 1.3140 look for further upside with 1.3175 & 1.3200 as targets.


Comment:

the RSI is mixed and calls for caution. The pair has broken above a bullish channel


Supports and resistances:


1.3200 **

1.3175 **

1.3140 ***


1.3108

Last

1.3080 *

1.3040 **

1.3000 *